Ch. 1 Managerial Accounting and Cost Concepts Copr. Goedl Be…

Ch. 1 Managerial Accounting and Cost Concepts Copr. Goedl Bella Enterprises plans to produce 1,000 windchimes. The costs to make 1,000 units are total variable cost of $300 and total fixed cost of $9,000. Calculate total costs (both variable and fixed) if they produce 1,200 units.

Chapter 9 Decentralized performance evaluation Copr. Goedl/S…

Chapter 9 Decentralized performance evaluation Copr. Goedl/StricklandBelow is the financial data for Goedl and Strickland, Inc. for the most recent fiscal year. The company paid dividends of $197,250 last year.  The company’s minimum required rate of return is 15%.     Calculate the return on investment (ROI) ratio.

Copr., GoedlGreenWay is considering investing in a new machi…

Copr., GoedlGreenWay is considering investing in a new machine to provide a new residential cleaning service. The machine costs $300,000. The machine has a useful life of 13 years, and the annual depreciation expense would be $20,700. They estimate they can generate $93,300 in annual revenue from the new service. Cash operating expenses are estimated to be $42,000 per year.  The machine has an approximate salvage value of $30,000 at the end of its useful life.  The company has a 10% minimum rate of return. The simple rate of return for this investment is: 

Chapter 9 Decentralized performance evaluation Copr. Goedl/S…

Chapter 9 Decentralized performance evaluation Copr. Goedl/StricklandBelow is the financial data for Goedl and Strickland, Inc. for the most recent fiscal year. The company paid dividends of $197,250 last year.  The company’s minimum required rate of return is 15%.     Calculate the profit margin ratio.  

Chapter 10 Differential decision making Copr.,GoedlKindly Fl…

Chapter 10 Differential decision making Copr.,GoedlKindly Flag, Inc. produces two product lines, flags with emojis and flags with quotes. The Segmented Income Statement for the most recent fiscal year is provided below.     The manager is considering dropping the Quotes product line. She collected the following additional data. 1.) Sales, variable expenses, and contribution margin are all directly traceable to the product lines. 2.) Fixed expenses are allocated to the product lines based on the percentage of sales.  Of the fixed expenses allocated to the Quotes product line, $135,000 are fixed factory costs that would not be eliminated. The remaining amount will be eliminated if the Quotes product line is dropped. What is the financial advantage or disadvantage of dropping the Quotes product line?

Chapter 6 Budgeting Copr Goedl 2022 Sheba Industries reporte…

Chapter 6 Budgeting Copr Goedl 2022 Sheba Industries reported the following budgeted sales in units for the first quarter of the fiscal year. Month Units June 3,300 July 2,960 August 3,120 The desired ending finished goods inventory should be 10% of the next month’s sales in units. The inventory on May 31 contained 330 units, which is the beginning inventory for June. The manager is preparing the production budget. The total number of units to be produced in July is: